So you thought your kids were safe from the scourge of credit card debt when you sent them away to college this year? Just because Congress passed a student-protection law?
Wake up to the real world. Credit card issuers found a glide path right through the law’s intent, thanks to their enablers at the Federal Reserve. [...]
Posts Tagged ‘College’
- Simpler college aid forms would mean more kids in college
- POSTED 10.29.09
It turns out that one of the barriers to getting college aid is the federal aid form itself. It’s so complicated, with 153 detailed questions about income and assets, that you want to throw it out, and many families do. Or they find it impossible to fill out correctly. I don’t understand some of the questions [...]
- My 10 best ideas for getting college aid
- POSTED 10.29.09
1. Fill in the federal FAFSA form (the Free Application for Federal Student Aid). That qualifies you for Pell Grants and government-subsidized Stafford student loans, if your family has a modest income. Higher-income families have to fill it in too, to qualify for unsubsidized Staffords and any aid that the college has to offer.
2. Apply to [...]
